Doria Gregory 4
Research Summary
AI-generated summary
Lincoln Electric (LECO) EVP Doria Gregory Receives RSU Award
What Happened
Doria Gregory, EVP and President — International at Lincoln Electric Holdings (LECO), was granted restricted stock units (RSUs) on Feb 18, 2026: 630 shares (common award) and 2,522 derivative RSUs (total 3,152). The awards show an acquisition price of $0.00 (typical for RSUs). On Feb 19, 2026, 25 shares were surrendered/withheld to cover tax obligations at $288.12 per share, a tax-withholding value of $7,203. Net new shares from these events equal 3,127 (3,152 awarded minus 25 withheld).
Key Details
- Transaction dates: Feb 18, 2026 (awards), Feb 19, 2026 (tax withholding).
- Awards: 630 shares (grant) + 2,522 derivative RSUs; acquisition price $0.00.
- Tax withholding: 25 shares disposed at $288.12 each → $7,203 total (code F — tax withholding).
- Vesting: Footnote indicates these RSUs vest in equal installments on the 1st, 2nd and 3rd anniversaries of the grant date.
- Shares owned after the transaction: not specified in this filing.
- Filing: Form 4 filed Feb 20, 2026 (covers Feb 18–19 transactions); appears timely.
Context
These entries reflect compensation in the form of restricted stock units, not an open-market purchase or sale. The tax-related disposition is routine (shares withheld to satisfy withholding obligations) and does not imply a separate market sale decision. RSUs typically vest over time (here in three equal annual installments), so the recipient does not immediately control all awarded shares.